Thursday 17 June 2021

Reuters Business: Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P

Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P

Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.

U.S. SEC to close its offices Friday to observe the new Juneteenth federal holiday

The U.S. Securities and Exchange Commission (SEC) will close its offices on Friday in observance of the newly implemented Juneteenth federal holiday, the agency said in a statement.

Healthcare industry prepares for Obamacare expansion after court ruling

The U.S. healthcare industry and analysts praised a U.S. Supreme Court decision that preserved the Obamacare health plan, with insurer CVS reaffirming that it will rejoin the individual insurance exchange and others predicting more federal support.

As Fed wakes sleeping dollar, jolted bears may bolster gains

A hawkish shift from the Federal Reserve has woken up a slumbering dollar, sending the U.S. currency to its highest level in months and stoking expectations that an unwind of bearish positions could fuel more gains.

Tech stocks drive Nasdaq to higher close, as hawkish Fed limits S&P

Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover limited a subdued S&P.

Cruise operator Carnival discloses personal data breach, shares down

Cruise operator Carnival Corp (CCL.N) said on Thursday it had detected unauthorized access to its computer systems in March, after which it alerted regulators and hired a cybersecurity firm to investigate the breach.

U.S. Black workers still earning less than whites -report

Black workers in the United States continue to earn less than their white counterparts even as American companies are raising diversity and inclusion as a cornerstone of their brands and business strategies, according to a report published on Thursday.

Ford sees higher operating profit on strong vehicle demand

Ford Motor Co (F.N) said on Thursday it expected operating earnings in the second quarter to be better than its previous estimate, helped by higher demand for its pickup trucks and sports utility vehicles.

Tech-heavy Nasdaq rises on growth optimism, shrugs off hawkish Fed

U.S. technology shares jumped on Thursday on optimism around a speedy economic recovery, although the Federal Reserve's unexpectedly hawkish message on monetary policy kept the S&P 500 subdued.

Lufthansa to allow check-in with digital vaccine pass

Lufthansa (LHAG.DE) will allow passengers to use new digital COVID-19 vaccination certificates at check-in for their flights, the German airline said on Thursday.

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